Like motherhood and apple pie, cost reduction and increased efficiency in distribution channels are concepts everyone agrees on. Beyond the concepts, they have a different meaning when the rubber hits the road in day-to-day transactions.
Two distributors and two manufacturers of power transmission/motion control products shared what's worked for them in a presentation at the Power Transmission Distributors Association annual meeting a few months ago, moderated by Paul Taylor of Martin Sprocket & Gear Inc. Here's a few great ideas yielding some strong payback.
Pull vs. push
Flexible Steel Lacing Company, Downers Grove, IL, took an approach ten years ago to focus on improving its delivery performance as a strategic goal. A manufacturer of conveyor belt ...